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Tag Archives: cryptocurrency

Buyer Beware: Hundreds of Bitcoin Wannabes Show Hallmarks of Fraud John Lothian Newsletter,Newsletter

fraud

First Read Hits & Takes JLN Staff In case you missed it in yesterday’s JLN, Wired’s piece featured the quote of the day from venture partner Jimmy Song, the blockchain skeptic. “You’re a hammer-thrower just looking for nails.”~JK There appears to be something important going on in London this weekend involving a train, a veil and lots of funny hats.~JJL The Pope says credit default swaps are unethical. Let this be the beginning of a discussion, not a jump to conclusions about CDS or what “ethics” mean in the business world versus the church world.~JJL Also, you can read the…

SEC Tries to Scam ICO Investors to Show Them How Easy It Is John Lothian Newsletter,Newsletter

fraud scam alert

First Read Hits & Takes JLN Staff CME Group is launching Eurodollar Term Mid-Curve Options on June 11, 2018.~JJL The electric car market is for real. The London Metal Exchange announced it will launch contracts on lithium, cobalt, nickel, graphite and manganese, all battery-related components. The IEA forecasted 9 million to 20 million electric vehicles by 2020 and 40 million to 70 million by 2025.~JK Martin Jetter, Barbara Lambert and Joachim Nagel joined the Supervisory Board of Deutsche Börse in an expansion of the number on the board from 12 to 16. These new members were elected for three outgoing…

Why Germans Are Getting Fed Up with America John Lothian Newsletter,Newsletter

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First Read Notes from Consensus 2018 – Day 2 Chuck Mackie – John Lothian News As expected, Day 2 of Coindesk‘s Consensus conference lacked some of the energy and fireworks of the first day but it did manage to defy what seems to be a law of nature: fewer people in attendance at the second day of an industry event when compared to the first. In this case, Coindesk announced that total registration ticked up to over 8,500 and it was definitely harder to fight the lines for lunch on the second day compared to the first. Somehow I survived….

Notes from Consensus 2018 – Day 2 Blog

As expected, Day 2 of Coindesk’s Consensus conference lacked some of the energy and fireworks of the first day but it did manage to defy what seems to be a law of nature: fewer people in attendance at the second day of an industry event when compared to the first. In this case, Coindesk announced that total registration ticked up to over 8,500 and it was definitely harder to fight the lines for lunch on the second day compared to the first. Somehow I survived. Beyond that, there was the expected slew of mostly underwhelming corporate enterprise announcements, some insights…

CFTC Official Urges SEC to Clarify Ether’s Status John Lothian Newsletter,Newsletter

ethereum

First Read Notes from Day One at Consensus Chuck Mackie – JLN If you had any doubts about the swelling surge of interest in cryptoassets, you only had to try and check in to Coindesk’s Consensus conference in midtown Manhattan around mid-morning on Monday. The line snaked its way back and forth through the 2nd floor lobby, down the escalator and out of the front door of the hotel, and it took up to two-and-a-half hours for the reported 7,700 attendees to check in for the event. Consensus began four years ago with 500 true believers in attendance, grew to…

Notes from The Trading Show Chicago 2018 Blockchain,Blog,Commentary,CryptoMarkets

Terrapinn’s Trading Show has established itself as a sure sign of spring in Chicago, and while the past few years have found the event swinging heavily to a focus on the technology side of trading, including chips, servers, databases and connectivity, the 2018 edition of the show had a strong leaning towards…you guessed it: cryptocurrencies. Everywhere you go in financial markets in 2018, bitcoin and other cryptocurrencies are sure to be there. The exhibitors at the conference still skewed to the hard technology side (let’s face it, all of trading is touched by technology at this point) but the open…

Michael Bloomberg Slams ‘Epidemic’ Of Political Lies As Danger To Democracy John Lothian Newsletter,Newsletter

truth lies

First Read Ibbo’s Kilt Challenge By Mark Ibbotson I am wearing a kilt to the IDX 2018 Gala for Futures for Kids because I believe in this charity’s mission! Each year, FIA hosts the IDX Gala in aid of Futures for Kids, an organization that raises funds on behalf of the futures and options industry for charities that strive to provide better lives and futures for children internationally. Over the last nine years, the IDX Gala has raised more than £1.4 million for Futures for Kids, including through the Kilt Challenge. Since 2010, various giants from the futures industry (to…

US judge scraps trial into CME Group’s defence of home market; Fed Reserve checking account? John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Former Barron’s columnist Steve Sears has emerged as the chief market strategist for StratiFi Technologies. Eurex Clearing’s new partnership program, aimed at creating an EU-based clearing facility for interest rate swaps, cleared a record EUR1.7 trillion in March.~JK Cboe Global Markets’ FX volume rose 37 percent to $762.9 billion in April, up from $554 billion a year earlier. Year-to-date notional volume is up 41 percent.~JK Did you know Cboe has an office in Quito, Ecuador?~JK Joe Noviello, the former head of eSpeed, is now managing director of Dealerweb Technologies at Tradeweb, according to…

Why Profiting From Wall Street Fear is No Longer Easy for Cboe John Lothian Newsletter,Newsletter

profit, loss, risk

First Read Crypto Regulation Is Just Getting Started Jim Kharouf – JLN One thing is certain about regulation of cryptocurrencies and other digital assets. We’re in the earliest of stages. And we’re caught between industry participants clamoring for clarity and regulators taking varied and measured approaches. It’s an awkward time for this market as new ideas and uses for initial coin offerings range from the next great financial payment system on blockchain to the world’s first blockchain toothbrush that lets you mine coins by brushing your teeth. Last month, the Institute For Financial Markets hosted its second Smart Regulation Roundtable…